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310551 (Harmonized System 1992 for 6-digit)

2022
World Trade $662MRnk 2649 / 4648
2022
Top Exporter | Top Importer $142M | $115MRussia | Romania
2022
Product Complexity -0.68Rnk 3456 / 4653
2021 - 2022
Export Growth (CAGR) 18%Rnk 916 / 4648
2022
Share of World Trade 0.0028%Rnk 2649 / 4648

About

Overview This page contains the latest trade data of Fertilizers with nitrates and phosphates, nes, <=10kg. In 2022, Fertilizers with nitrates and phosphates, nes, <=10kg were the world's 2649th most traded product, with a total trade of $662M. Between 2021 and 2022 the exports of Fertilizers with nitrates and phosphates, nes, <=10kg grew by 18%, from $561M to $662M. Trade in Fertilizers with nitrates and phosphates, nes, <=10kg represent 0.0028% of total world trade.

Fertilizers with nitrates and phosphates, nes, <=10kg are a part of Mixed Mineral or Chemical Fertilizers.

Exports In 2022 the top exporters of Fertilizers with nitrates and phosphates, nes, <=10kg  were Russia ($142M), Belgium ($78.4M), United States ($63.2M), Turkey ($57.5M), and Saudi Arabia ($35.9M).

Imports In 2022 the top importers of Fertilizers with nitrates and phosphates, nes, <=10kg were Romania ($115M), India ($96.3M), Canada ($61.2M), Peru ($54.5M), and Germany ($43.5M).

Ranking Fertilizers with nitrates and phosphates, nes, <=10kg ranks 3456th in the Product Complexity Index (PCI).

Description Nitrates and phosphates are used in fertilizers to increase the rate of plant growth. Nitrates are used to make plant proteins, and phosphates are used to make energy in plants.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Fertilizers with nitrates and phosphates, nes, <=10kg. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Russia$142M
Top Destination (2022)Romania$115M

In 2022 Fertilizers with nitrates and phosphates, nes, <=10kg were the world's 2649th most traded product (out of 4,648).

In 2022, the top exporters of Fertilizers with nitrates and phosphates, nes, <=10kg were Russia ($142M), Belgium ($78.4M), United States ($63.2M), Turkey ($57.5M), and Saudi Arabia ($35.9M).

In 2022, the top importers of Fertilizers with nitrates and phosphates, nes, <=10kg were Romania ($115M), India ($96.3M), Canada ($61.2M), Peru ($54.5M), and Germany ($43.5M).

Explore Visualizations

Exporters of Fertilizers with nitrates and phosphates, nes, <=10kg (2022)
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Importers of Fertilizers with nitrates and phosphates, nes, <=10kg (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Turkey$51.3M
Top Destination Growth (2021 -  2022)Romania$88.2M

Between 2021 and 2022, the exports of Fertilizers with nitrates and phosphates, nes, <=10kg grew the fastest in Turkey ($51.3M), South Korea ($32.4M), Belgium ($22.5M), United States ($18.9M), and Norway ($18.2M).

Between 2021 and 2022, the fastest growing importers of Fertilizers with nitrates and phosphates, nes, <=10kg were Romania ($88.2M), Guatemala ($26.9M), Germany ($21.6M), Canada ($16.6M), and India ($11.1M).

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Exporters of Fertilizers with nitrates and phosphates, nes, <=10kg (2021 - 2022)

Importers of Fertilizers with nitrates and phosphates, nes, <=10kg (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Fertilizers with nitrates and phosphates, nes, <=10kg.

In 2022, market concentration measured using Shannon Entropy, was 4.08. This means that most of the exports of Fertilizers with nitrates and phosphates, nes, <=10kg are explained by 16 countries.

Explore Visualizations

Value of Exports in Fertilizers with nitrates and phosphates, nes, <=10kg

Net Trade

TOP NET EXPORTER (2022)Russia$142M
TOP NET IMPORTER (2022)Romania$111M

This map shows which countries export or import more of Fertilizers with nitrates and phosphates, nes, <=10kg. Each country is colored based on the difference in exports and imports of Fertilizers with nitrates and phosphates, nes, <=10kg during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Fertilizers with nitrates and phosphates, nes, <=10kg were Russia ($142M), Belgium ($73.1M), United States ($60.6M), Turkey ($39.1M), and Saudi Arabia ($35.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Fertilizers with nitrates and phosphates, nes, <=10kg were Romania ($111M), India ($95.9M), Canada ($60.3M), Peru ($54.5M), and France ($33.3M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Fertilizers with nitrates and phosphates, nes, <=10kg.
It is possible to select the main countries that export or import Fertilizers with nitrates and phosphates, nes, <=10kg in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Fertilizers with nitrates and phosphates, nes, <=10kg by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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